Modernizing the European Social Model: Developing the Guidelines

* An earlier version of this paper was presented at the ‘Third Ways and Ways Forward: Policy Transfer in the European Union’ conference organized by UACES and the University of Bath Jean Monnet Centre of Excellence in June 2000. I am grateful to the participants at that conference and to two anonymous referees and the editor for their comments. The European Union is confronted with a quantum shift resulting from globalisation and the challenges of a new knowledge-driven economy. These changes are affecting every aspect of people’s lives and require a radical transformation of the European Economy. The Union must shape these changes in a manner consistent with its values and concepts of society.....

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